Afterpay’s $17 billion share price fall is very good news. Here’s why
Last August, Afterpay's founders announced the sale of their global buy now, pay later business for $39 billion. But the company is now worth about $22 billion, almost half its original price.
BNPL giant Afterpay hints at expansion into SME lending
Aussie buy-now, pay-later leader Afterpay is reportedly considering making a move in the increasingly crowded small-business lending space.
Micro-influencer startup Tribe raises $5.5 million in pre-IPO capital, amid tech frenzy on the ASX
Tribe has bagged $5.5 million in pre-IPO funding, as the startup considers the opportunities of an especially lively market for tech stocks.
Afterpay co-founder Nick Molnar reinstated at the fintech’s helm
Entrepreneur and self-made billionaire Nick Molnar has been reinstated as CEO and managing director at growing fintech Afterpay.
Afterpay adds 23,000 new merchants: Four things we learnt from the buy-now-pay-later giant’s results
Afterpay unveiled a multibillion-dollar increase in underlying sales, adding an average of 17,300 new customers each day over FY2020.
Afterpay says ‘hola’ to European market with $82 million fintech acquisition
Afterpay is making a play in the mainland European market, through the acquisition of Spanish fintech Pagantis for at least $82 million.
As Afterpay shares go gangbusters, why is COVID-19 driving a buy-now-pay-later boom?
Of all the unexpected trends to come out of COVID-19, there’s one fintech story that has dominated headlines: Afterpay, and the buy-now-pay-later boom.
Afterpay shares surged 23% this week as capital flows in to Aussie tech stocks
Afterpay shares have recovered from their March lows to top $68.19 this week, amid a broader recovery in Australian technology stocks.
Afterpay bucks ASX trend, with share price soaring after Tencent investment
Shares in Afterpay have surged, after the fintech secured substantial investment from Tencent, the Chinese tech giant and parent of WeChat.
Coronavirus update for business: No handouts for Domino’s, a random act of kindness and are neobanks on the out?
A $750 random act of kindness, Domino's says no to a slice of government stimulus, and European neobanks see COVID-19 decline.
Controversial ‘no-surcharge’ rule missing as Afterpay, Zip commit to self-imposed consumer crackdown
Buy-now-pay-later giants Afterpay and Zip have signed onto a new industry code of conduct to improve consumer protections... but merchants have missed out.
“Over a barrel”: Should Afterpay’s ‘no-surcharge’ rule for merchants be axed?
Should buy-now-pay-later services such as Afterpay be able to prevent merchants from passing on their fees to customers? Merchants say yes.
